
Tinubu’s new order may boost government revenue and sparks reactions
Nigeria’s economy and politics are making headlines as the naira reaches a two-year high and a new executive order from Bola Tinubu could increase government revenues. Security and legal issues are also in focus, with developments in the Nasir El-Rufai detention and the ongoing Dadiyata disappearance case. Police are moving to prosecute a TikToker over a false rape claim, while political tensions in Ondo State have led to violence. Meanwhile, a Nigerian has been sentenced in the US for a multimillion-dollar fraud scheme.
What we know
- A new executive order signed by Bola Tinubu could increase revenue for federal, state, and local governments by about ₦15 trillion.
- Nasir El-Rufai’s legal team protested an alleged unlawful raid on his home while he remains detained by the Independent Corrupt Practices Commission.
- The naira has strengthened to about ₦1,347 to the dollar, marking its highest level in two years.
- The Ogun State Police Command plans to arrest and prosecute a TikToker, Mirabel, for making a false rape allegation.
- The Department of State Services has invited suspects linked to the 2019 disappearance of activist Abubakar Dadiyata, whose whereabouts remain unknown.